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1980 Chrysler Newport-318, Runs Great!rebuilt Trans, Lean-burn Is Bypassed, on 2040-cars
US $1,995.00
Year:1980
Mileage:148000
Color:
Location:
Wadsworth, Illinois, United States
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This is a 1980 Chrysler Newport. When I bought this car last year, it was peppered with rust and both bumpers had the chrome flaking off. The front fenders were dented. I had the Front bumper and front fenders replaced. I filled in some of the rust and ground down some of the surface rust on the sides of the car. I filled in the rust on the trunk lip and I tried filling in a huge dent on the passenger door, but it didn't come out right (see pictures). I have a super clean passenger door, but it has no glass, window regulator or door locking hardware. I painted the sides white to match with Chrysler spray paint. It looks good from a distance, but it will need some filling in the quarters and a good coat of paint and clear coat. I have a clean rear bumper that I will install this weekend. Both front windows roll almost all the way up, but when they get about an inch from the top, the teeth in the window regulator are gone, so you have to scoot it up with your hands. The rear left window is slightly out of alignment. The A/C seems to blow cold (or at least cool), but the blower motor only blows on the first setting, no matter what setting the switch is at. Heater and defrost work fine. The radio is from a 1999 Dodge Caravan. The tape deck works, but some of the display lights are out. Horn is inoperable. The wipers work, but don't hideaway and the washer doesn't work. The previous owner installed a certified police package speedometer and an aftermarket tachometer. It looks factory. Also, all the display lights work except the "Brake" "Washer Fluid" and "Door" warning lights. I scalped them from a Chrysler New Yorker and haven't had the chance to wire them up. This one has the optional gauge package with Oil pressure, Volts and Engine temp. Previous owner put in a four-speaker system with a new dash pad. Brakes are fine. Tires are in good shape. The rears have about 300 miles on them, but they were on a Crown Victoria that blew the engine for 5 years. I personally mounted and balanced them all myself. The front end might need a wheel alignment. The dual exhaust is new. The "Lean-Burn" computer system has been overridden by a standard MSD ignition. The factory system was prone to problems and the previous owner did this for reliablilty reasons. The transmission was overhauled by National TRansmission on Grand Ave in Chicago last fall. The only issue is that the pivot axle for the throttle kickdown linkage is broken off. If you take a bolt and shave the head off, tack weld it in place, and put the linkage on, it'll be as good as new. Right now, the linkage is zip-tied in place. The car still shifts through all three gears and reverse, but shifts into 3rd gear just a tad early. The headliner was non-existent when I bought it. My wife and I used bedsheets to reupholster the headliner and sail panels. I wanted a sort of "Mod-Top" look on the inside. It looks great and doesn't sag. Car comes with some extra trim parts and marker light lenses. The spare is in ok shape. All the exterior lighting works. These Chrysler R-Body cars are extremely rare and interesting. Once you get past the Lean-Burn system and overhauling the transmission, there's really nothing else that goes wrong on these cars. This car would make a great restoration project or a police car replica. You can drive it anywhere. It has a clean title and it runs great, smooth and solid. Car is located in Wadsworth, IL 60083, near Great America, north of Chicago. You will have to pick it up. I can deliver wherever you like, but it'll cost you. Message me for details. I'll need a deposit within 48 hours of auction close. I except Paypal, cash, checks (as long as you don't mind waiting for them to clear) for the difference. |
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Chrysler purchases remaining shares from VEBA Trust, announces funding plan
Thu, 23 Jan 2014It's official: The Detroit Three is now The Detroit Two and The Fiat Subsidiary, Chrysler. Both the Italian carmaker and The Pentastar announced the completion of cash payments and a Memorandum of Understanding (MOU) on future payments necessary to make the Chrysler Group a wholly-owned subsidiary of Fiat. As previously detailed, Chrysler made a cash payment of $1.9 billion and Fiat North America made a cash payment of $1.75 billion to the Voluntary Employment Benefit Association (VEBA) run by the United Auto Workers union.
On top of that, Chrysler Group signed an MOU that agrees to payments of $700 million to the VEBA in four installments, the first of which was made concurrently with the other cash payments. And for you trivia mavens, the full name of the UAW is the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America. So go impress your loved ones with that nugget after you check out the press release below.
These cars are headed to the Great Crusher In The Sky
Fri, 24 Aug 2012It happens every year. We bid adieu to some cars and trucks that will be missed, and say good riddance to others wondering how they stayed around so long. Whether they're being killed off for slow sales or due to a new product coming along to replace them, the list of vehicles being discontinued after 2012 is surprisingly long and diverse.
CNN Money has compiled a list of departing vehicles, to which we've added a few more of our own. In the slow sales column, cars like the Lexus HS 250h, Mercedes-Benz R-Class and the full Maybach lineup appear, while the Ford Escape Hybrid, Mazda CX-7 and Hyundai Veracruz are all having their gaps filled with more modern and more fuel-efficient alternatives. Obvious exceptions to the rule include models that still sell in decent numbers like the Jeep Liberty and the Chrysler Town & Country (which will eventually be replaced by a crossover-like vehicle).
Check out our gallery of discontinued cars above, then scroll down for more information.
Auto bailout cost the US goverment $9.26B
Tue, Dec 30 2014Depending on your outlook, the US Treasury's bailout of General Motors, Chrysler (now FCA) and their financing divisions under the Troubled Asset Relief Program was either a complete boondoggle or a savvy move to secure the future of some major employers. Regardless of where you fall, the auto industry bailout has officially ended, and the numbers have been tallied. Of the $79.69 billion that the Feds invested to keep the automakers afloat, it recouped $70.43 billion – a net loss of $9.26 billion. The final nail in the coffin for the auto bailout came in December 2014 when the Feds sold its shares in Ally Financial, formerly GMAC. The deal turned out pretty good for the government too because the investment turned a 2.4 billion profit. The actual automakers have long been out of the Treasury's hands, though. The current FCA paid back its loans six years early in 2011, the Treasury sold of the last shares of GM in late 2013. According to The Detroit News, the government's books actually show an official loss on the auto bailouts of $16.56 billion. The difference is because the larger figure does not include the interest or dividends paid by the borrowers on the amount lent. While it's easy to see fault in any red ink on the Feds' massive investment, the number is less than some earlier estimates. At one time, deficits around $44 billion were thought possible, and another put things at a $20.3 billion loss. Outside of just the government losing money, the bailouts might have helped the overall economy. A study from the Center for Automotive Research last year estimated that the program saved 2.6 million jobs and about $284.4 billion in personal wealth. It also indicated that the Feds' reduction in income tax revenue alone from Chrysler and GM going under could have been around $100 billion for just 2009 and 2010, significantly more than any loss in the bailout.